Which of the following is an internal factor that affects pricing decisions in a company? * () The forces of demand and supply in the market O Consumers' perception of value The degree of inflation in the economy (O The overall marketing strategy of the company

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Customary Pricing

There are various types of pricing strategies followed in the market. They are psychological pricing, odd pricing, free onboard pricing, customary pricing, prestige pricing, dual pricing, ruling pricing, negotiated pricing, mark up pricing, etc. each one can be explained as follows: 

Multiple Unit Pricing

“Multiple-unit pricing is a practice where a company offers consumers a lower than unit price if a specified number of units are purchased.”